Event
Unusual Machines closes Rotor Lab acquisition, securing motor production capabilities
Key points
- Unusual Machines completed its acquisition of Rotor Lab, an Australian developer of electric motors and propulsion systems for unmanned aerial systems.
- The all-stock transaction was valued at USD 7 million, including a USD 3 million earnout.
- Rotor Lab continues operating its Canberra facility as an engineering center to complement U.S. manufacturing.
Company context
Unusual Machines is a public U.S. drone component and subsystem company serving the American FPV and small-UAS market. Its portfolio includes Fat Shark FPV video systems, Rotor Riot's drone retail and community channel, Rotor Lab motors and propulsion systems, and pending battery and power-system capabilities through the Upgrade Energy acquisition.
Context
- Company
- Unusual Machines
- Segment
- Subsystems
- Event type
- Acquisition
- Geography
- Orlando · United States